David Shiller

Here is a quick summary of four acquisitions, and two closures announced in the second quarter of 2023: Acuity Brands Acquires KE2 Therm Solutions. Details here. LMPG Acquires Majority Stake In Vode Lighting. Details here. Renova Lighting Systems Acquired. Details here. Inventronics Acquires ams Osram European and Asian Digital Systems business. Details here. Deco Lighting [...]

  BetterBricks is a program of the Northwest Energy Efficiency Alliance (NEEA). BetterBricks has posted seven Luminaire Level Lighting Controls Webinars on its website, to share lighting experts discussing the benefits of LLLC systems, from innovating the future of commercial lighting to the latest research on energy savings. Webinars cover the following seven topics: LLLC 1:1 [...]

  On August 16, 2022, President Biden signed Reese’s Law (P.L. 117-171), which aims to protect children 6 years and younger from accidentally swallowing button cell and coin batteries. Reese’s law requires the Consumer Products Safety Commission (CPSC) to promulgate a safety standard for these batteries and consumer products containing these batteries. This law raises [...]

  The lighting industry has become comfortable with the idea of internet connected (IoT) lighting that contains a computer chip in a luminaire for control, storing data, and communications. Buckle up, because “the edge” (computing within IoT devices) is about to get more complex with the addition of artificial intelligence (AI) computer chips at the [...]

Two architectural magazines are currently accepting applications for their Product Innovation Award programs. Both magazines are part of Endeavor Business Media: Architectural SSL magazine, and Architectural Products magazine. The award programs are separate, however. Here are details of each award program: 2023 Architectural SSL Product Innovation Award: Submission deadline has been extended until July 14th, [...]

  While circular economy principles are getting started in the North American lighting industry, they are far more advanced in the European lighting industry. In England, the LIA (Lighting Industry Association) and CIBSE (Chartered Institution of Building Services Engineers) have joined forces to introduce a new product verification program aimed at promoting circular economy practices [...]

radiant Wave Switch by Legrand. Image: Legrand. Legrand now offers touchless Wave Switches to reduce the spread of germs. Wave Switches allow users to turn lights (or small motors) on and off with a simple wave of their hand. Wave Switches install easily in place of an existing switch to offer clean and convenient control [...]

    Over the past five and a half years, private equity (PE) firms have acquired more lighting manufacturers in the US & Canada than either publicly traded companies or private companies that are not controlled by a PE firm. This data was compiled by Merrimack Group, which specializes in advising lighting companies in mergers [...]

  Recently released new construction metrics show mixed monthly results, variations by sectors, and positive projections through 2023 and 2024. DMI The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell -2% in May to 180.5 points (2000=100) from the revised April reading of 184.1 points. Over the month, the commercial component of the [...]